Strategic Through Knowledge

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The Duties And Obligations Of Executors And Administrators Of Estates

The personal representatives of an estate are those persons who, by law, undertake the duties and obligations of administering the estate of the deceased. They are recognized for all purposes as the deceased person’s living representative who will carry out his wishes according to his will, in the case of an executor, and an administrator […]

Authoring your Destiny with Pre-signed Resignation Letters

Many employees would be skeptical about signing undated letters of resignation, especially in the light of recent developments. Perhaps employers should likewise be cautious about using those letters because they could find themselves breaching an employment contract or facing a claim of unjustifiable dismissal. The practice of using undated resignation letters might have been followed […]

NSIPP Registry And The Issues Of Privacy

There has been much furore recently about the National Security Interests in Personal Property (“NSIPP”) Registry and persons trying to run from or ascribe blame for what is now perceived to be a blunder….. but has there really been a mistake? Minister Anthony Hylton recently stated in a radio talk show, in essence, that the […]

Common Pitfalls in Business Contracts

At the beginning of a business relationship, parties are excited to get started – to get the contracts signed and get on with their project. Ironing out the specific terms of the contract seems like a dry, uninteresting and tedious exercise when compared to the excitement of starting a project, moving towards its completion and, […]

Jamaica Poised for Medical Marijuana Industry

Any reader of this newspaper will be well aware of the proposed changes to the laws dealing with the use of marijuana. These changes are being piloted by the Minister of Justice by way of the Dangerous Drugs (Amendment) Bill (2015)¬¬, which was recently approved by Cabinet, and is currently being debated by the Senate. […]

Part 2- The Banking Services Act & The Anticipated Impact on The Financial Services Sector

Banking Business through Authorized Agents The Act specifically allows deposit taking institutions (banks, merchant banks and building societies) , with the prior approval of the Supervisory Committee, to appoint a person to act as agent to offer banking services such as deposits and withdrawals, bill and loan payments/repayments, account balance enquiries and collection of KYC […]

Part 1-The Banking Services Act & The Anticipated Impact on The Financial Services Sector

The aim of the recently passed, but not yet in force, Banking Services Act (the “Act”) is to aid in the creation of a more efficient banking system by seeking to bring the legislative regime in accordance with international standards and by consolidating the different pieces of legislation that govern entities within the financial services […]

Corporate Gift Giving: Reflections on the Yuletide Season

Please, resist the urge to give me the newest, shiniest, most expensive sports car available on the car lot! Seriously, how much is too much when it comes to deciding whether one should accept or reject a gift? On the face of it, this appears to be a pretty easy question to answer, but is […]

The New Insolvency Act – Santa for the Broke?

There can be no doubt that the new Insolvency Act, as soon as it takes effect, should be well received particularly by those who have fallen on hard times. The Act may be to the broke business person what Santa Claus is to a forsaken child at Christmas, the bearer of a long awaited gift. […]

Restrictive Covenants- “Good Neighbours Respect Good Covenants”

A restrictive covenant is a legally binding agreement between a Vendor and Purchaser of land where the Purchaser agrees with the Vendor that he will not do certain acts in respect of the land, for example, a covenant not to carry on a particular trade or business on the land or a covenant not to […]